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Mortgage Loan Processor

PRMG

Mortgage Loan Processor

Sacramento, CA
Paid
  • Responsibilities

    We are currently seeking an experienced and detail-oriented mortgage loan processor for our dynamic lending team. The ideal candidate will have years of mortgage processing experience, a can-do attitude, and a proven track record of providing solutions in the mortgage lending industry. If you are looking for an excellent position that will help you reach your financial goals, start your application today! Responsibilities: Work with the borrower to gather financial information such as credit reports, verify the accuracy to determine creditworthiness, and complete the mortgage loan application Put together loan packages and submit to lender underwriting for approval or denial Serve as a liaison between borrowers, mortgage brokers and loan officers, real estate agents, and mortgage lending underwriters to support loan approval Assure that loan files meet banking and regulatory guidelines and policies Document the loan process from origination to approval through our system • Order the following documentation as necessary: Verification of Employment, Evidence of Insurance, Payoffs, Tax Transcripts, Credit Supplements, condo questionnaires, subordination requests, and Title Work as needed for each file • Manages a pipeline of loans and maintains a timely and compliant flow of such loans through the process • Communicate with Underwriters to clarify conditions. Help administer all documents that are needed to satisfy underwriting requirements • Follow up on documents ordered in a timely manner • Maintain loan origination system and database with the proper loan information • Perform other related duties as assigned and required • Monitors and ensures closing dates and company deadlines are met • Handles all borrower communication from the point of contract to closing of the loan • Handles all Loan Officer, Loan Partner, and Underwriter communication with updates • Be a sponge for information/knowledge, always striving to be the best possible in your position • Be a leader, helping us improve our processes and procedures to always deliver a world-class experience to clients and referral partners Qualifications: High school diploma or GED required - Associate’s degree in accounting, finance, or business preferred Must possess excellent written and verbal communication skills At least 2 years of loan processing experience required Mortgage lending experience and loan knowledge required, specifically with FHA, FHLB, FNMA, or VA loans Superb analytical skills, time management skills, and attention to detail • Must have a current working knowledge of mortgage loan products (FHA/VA/CONV/USDA) and knowledge of mortgage procedures, processes, and documentation • Know how to analyze credit reports, income, and asset documents, as well as general ways to structure a loan • Exceptional attention to detail must be organized and have excellent time management • MINIMUM 3 YEARS mortgage processing experience for the right candidate, 5+ YRS PREFERRED • Current or previous experience fulfilling the roles of Processor, LOA, Loan Partner, Loan Officer, and/or Underwriter • Strong ability to prioritize and multitask without being micromanaged to meet multiple deadlines and a keen sense of urgency • Excellent customer service, interpersonal and communication skills • Work well in a team environment Compensation: $55,000 - $80,000 yearly

    • Order the following documentation as necessary: Verification of Employment, Evidence of Insurance, Payoffs, Tax Transcripts, Credit Supplements, condo questionnaires, subordination requests, and Title Work as needed for each file • Manages a pipeline of loans and maintains a timely and compliant flow of such loans through the process • Communicate with Underwriters to clarify conditions. Help administer all documents that are needed to satisfy underwriting requirements • Follow up on documents ordered in a timely manner • Maintain loan origination system and database with the proper loan information • Perform other related duties as assigned and required • Monitors and ensures closing dates and company deadlines are met • Handles all borrower communication from the point of contract to closing of the loan • Handles all Loan Officer, Loan Partner, and Underwriter communication with updates • Be a sponge for information/knowledge, always striving to be the best possible in your position • Be a leader, helping us improve our processes and procedures to always deliver a world-class experience to clients and referral partners